M. F. D. Putra

Capital Intensity, Liquidity, and Leverage on Profitability with Operational Efficiency as a Mediating Variable in Manufacturing Firms

Manufacturing is the largest contributor to Indonesia's gross domestic product, yet the average return on assets of listed manufacturers declined from 0.0667 in 2021 to 0.0335 in 2024. The research gap addressed here is that prior studies test the direct effects of asset structure and financing decisions on profitabili...